Perfect and imperfect diamonds are now being created in labs. There is no way to tell them from the real thing.
Diamonds will become rhinestones. The diamond as a store of wealth or medium of exchange is over, they are now a fiat currency.
Fortunately, gold can not be created in a lab...
Romancing The Stone
Last year, Vanessa Stofenmacher wanted to expand her three-year-old direct-to-consumer fine jewelry brand, Vrai & Oro, to include engagement rings. But she couldn’t stand the thought of buying traditionally mined diamonds, which are often unearthed in war-torn countries and sold to fund conflicts. Here’s how she found a stone with no skeletons, and modernized the engagement-ring shopping experience along the way.
Stofenmacher’s search for ethical gems led her to Diamond Foundry, a Leonardo DiCaprio–backed startup that uses a plasma reactor to produce diamonds in a lab. “[Diamond Foundry] changes the environment in which diamonds grow without changing the product itself,” Stofenmacher says. She decided to use its stones in her rings; the partnership deepened last year when Diamond Foundry acquired Vrai & Oro to help commercialize its lab-grown stones. (Stofenmacher is now president of Vrai & Oro and creative director of Diamond Foundry.)
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https://www.fastcompany.com/40437836...ter-ring-on-it
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